Matthews South

Video Library

At Matthews South, we are committed to making sure our clients are the most educated participants in the capital markets. As such, we prepare video presentations which walk through the intricacies of different capital markets products.

Categories: Convertible, Financing

  • State of the market
  • Why now?
  • Flavors of liability management
  • Outright vs. hedge fund behavior
  • Minimizing stock price impact from the financing
  • Implications of call spreads

Categories: ASR, Buyback, Equity

  • The core mechanics of ASRs
  • The recent market environment
  • Key commercial objectives and terms
  • Comparable structured alternatives such as eOMR
  • Applicable securities law, tax, regulation and compliance

Categories: eOMR, Buyback, Equity

  • Overview of the eOMR: how it works, important parameters, fees
  • Explanation of the banks’ “black-box” algorithm
  • Rationale for utilizing an eOMR
  • Comparison to other repurchase strategies (OMR, ASR, tender offer)
  • Execution considerations (accounting, documentation, etc.)
  • Cost-saving enhancements developed by Matthews South

Categories: Convertible, Financing

  • Overview and rationale for using convertible bonds and call spreads
  • Convertible bond and call spread structuring
  • Economic comparison of convertible bonds vs. regular debt
  • Tax and accounting considerations
  • Investor participation in convertible bonds
  • Stock price impact of convertible issuance